After 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...

Individuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...

India's research and development spending lags behind global leaders. A Niti Aayog report highlights funding issues and bureaucratic delays...

Appraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...

Local alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...

International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings...

Alcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...

Union Budget 2026 brings no changes to Income-tax slabs or standard deductions. Salaried individuals can claim INR 75,000 under the new tax...

Landlords, travellers and parents sending children abroad for education will also benefit

With a promise to further simplify the current tax law by introducing a new Income-tax Bill next week, the taxpayer-friendly Budget include...

There were rumours that the government might hike the amount of standard deduction available to give tax relief to the middle class. Howeve...

Finance Minister Nirmala Sitharaman is likely to present Union Budget 2024 this month. Salaried taxpayers are eagerly waiting for some much...

Income tax slabs for FY 2024-25: The finance minister Nirmala Sitharaman has not announced any change in the income tax slabs and income ta...

A lower surcharge of 25% (as against 37%), which would be applicable to those who opt for the new tax scheme, would reduce the tax to about...

To reverse the ongoing economic slowdown, the immediate priority is to stimulate demand in the system.

In the previous budgets also, the Narendra Modi led-government provided tax relief to taxpayers. In Budget 2014, the minimum tax-exemption ...

Goyal said income-tax assessment will be done electronically from now on.